Bosch, which exceeded its business targets in a challenging 2022, plans to grow its annual sales by 6% to 8% on average, and for margin to reach at least 7% In the years ahead, given normal rates of inflation.
Business - In 2022, Bosch exceeded its business targets in what was a challenging year. The supplier of technology and services increased its total sales to 88.2
Due to significantly increased demand, Bosch has invested heavily in expanding its European heat-pump development and manufacturing network since 2018. To keep the ramp-up of heat pumps running at the required speed, Bosch intends to step up its investments.
Bosch has announced plans to build its first heat pump factory in Dobromierz, Poland. The German heating manufacturer will invest €225 million ($247.3 million) in the new facility, which is expected to start operations in early 2026.